Taxes
- Assessed Value: $79,047
- Assessed Year: 2025
- Assessed County: Lubbock
- APN: R25024
- Assessed Land Value: 22000
- Market Land Value: 22000
- Tax Amount: 1212.72
- Tax Year: 2024
- Market Value: 79047
- Market Year: 2025
523 40th St; Lubbock, TX Property Details
Off market
523 40th St Lubbock, TX 79404
$79,047 Estimated Value
3 Beds
2 Baths
1,200 SqFt
Property Type
Single FamilyProperty Details
Summary
- Purchase Method: Cash
- Owners / Type: 1 / Individual
- Owner Status: Individual
- Year Built: 1988
- Purchase Price: $9,500
- Est. Equity / %: $109,000 / 100%
- Gross Yield: 8.862%
- APN: R25024
- Situs County: Lubbock
- Length Of Ownership: 1 year, 5 months
Rooms
- Bedrooms: 3
- Bathrooms: 2
- Full Bathrooms: 2
Structure
- Building Style: Wood
- Stories: 1
- Exterior Wall Type: Wood
- Building Condition: Average
- Building Quality: E
- Roof Type: Gable
- Roof Cover Type: Other
Measurements
- Total: 1,200/SqFt
- Lot: 15,000/SqFt
- Gross: 1,200/SqFt
- Living: 1,200/SqFt
- Building: 1,200/SqFt
- Ground: 1,200/SqFt
- Price Per Square Foot: $7.92
Legal Description
- Description: SMITH COLLIER BLK 1 L 7
Building Insights
Land Information
- Property Type: Single Family
- Within Flood Zone: True
- Flood Zone: X / Low/Medium Risk
- School District: Lubbock Independent School District
- Lat / Lon: 33.557686 / -101.84222
- Subdivision: Smith Collier
- Property Class: Residential
- County Use Code: A1
Amenities
- Plus Four: 2725
- Cooling: Window\Unit
- Heating: Floor/Wall
Ownership Info
523 40th St has no associated ownership info
523 40th St has no associated ownership info.
Taxes
523 40th St has 10 associated Taxes items
523 40th St, Lubbock, TX pays taxes in Lubbock County, TX. The most recent tax assessment records are from 2025 and show that the current assessed value of the property is $79,047. The APN we've located for 523 40th St is R25024.
Unlock the full reportTax History
523 40th St has 12 associated Tax History items
| Year | Assessed Value | Land Value | Improvement Value | Tax Amount | Change Rate | Assessed CR | Tax Rate |
|---|---|---|---|---|---|---|---|
| Year 2025 | Assessed Value $79,047 | Land Value $22,000 | Improvement Value $57,047 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2024 | Assessed Value $66,784 | Land Value $22,000 | Improvement Value $44,784 | Tax Amount $1,212.72 | Change Rate -0.274858% | Assessed CR | Tax Rate +0.018159% |
| Year 2023 | Assessed Value $89,969 | Land Value $2,000 | Improvement Value $87,969 | Tax Amount $1,672.39 | Change Rate +0.272757% | Assessed CR | Tax Rate +0.018589% |
| Year 2022 | Assessed Value $64,911 | Land Value $2,000 | Improvement Value $62,911 | Tax Amount $1,313.99 | Change Rate +0.201055% | Assessed CR | Tax Rate +0.020243% |
| Year 2021 | Assessed Value $51,437 | Land Value $2,000 | Improvement Value $49,437 | Tax Amount $1,094.03 | Change Rate -0.006845% | Assessed CR | Tax Rate +0.021269% |
| Year 2020 | Assessed Value $51,437 | Land Value $2,000 | Improvement Value $49,437 | Tax Amount $1,101.57 | Change Rate +0.043875% | Assessed CR | Tax Rate +0.021416% |
| Year 2019 | Assessed Value $48,529 | Land Value $2,000 | Improvement Value $46,529 | Tax Amount $1,055.27 | Change Rate -0.044477% | Assessed CR | Tax Rate +0.021745% |
| Year 2018 | Assessed Value $49,194 | Land Value $2,000 | Improvement Value $47,194 | Tax Amount $1,104.39 | Change Rate +0.159258% | Assessed CR | Tax Rate +0.02245% |
| Year 2017 | Assessed Value $42,381 | Land Value $2,000 | Improvement Value $40,381 | Tax Amount $952.67 | Change Rate -0.01433% | Assessed CR | Tax Rate +0.022479% |
| Year 2016 | Assessed Value $42,942 | Land Value $2,000 | Improvement Value $40,942 | Tax Amount $966.52 | Change Rate | Assessed CR | Tax Rate +0.022508% |
| Year 2015 | Assessed Value $43,303 | Land Value $2,000 | Improvement Value $41,303 | Tax Amount | Change Rate | Assessed CR | Tax Rate |
| Year 2014 | Assessed Value $43,861 | Land Value $2,000 | Improvement Value $41,861 | Tax Amount $975.28 | Change Rate | Assessed CR | Tax Rate +0.022236% |